Managing risk makes nonprofits healthier, stronger and better able to meet their mission. Taking positive risks fuels growth and innovation. Reducing or eliminating negative risks prevents loss or harm and ultimately strengthens infrastructure and systems. As risk management becomes the subject of greater focus in NYC, Boards need to be able to understand it, identify what their nonprofit is doing now and imagine ways to expand risk management to better meet their organization’s needs.
A framework for nonprofit risk management
Understanding the Board’s role, why Boards should care, and specific steps
Boards can take to manage risk
How to create a culture conducive to risk management
Practical tips on risk assessment and management and opportunities for peer learning
The ideal audience is Executive Directors and Board members. Executive Director and Board Chair pairs are encouraged. Nonprofits of any operating budget are welcome.
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